MEU 2.38% 4.1¢ marmota limited

Ann: Marmota discovers gold at Goolagong, page-15

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    When I look back at some of the previous gold announcements, many of which report excellent - bonanza grades, and then look at the more recent results, plus the highly prospective ground which they haven't yet had chance to explore, I think the reality is that they know that there's a hell of a lot of high grade near surface gold, but they can't quantify it at the moment.

    And it's a similar story for the uranium (and probably for the REEs).

    We would all like to see production getting under way, but to develop a realistic pathway to production, they need to get a better handle on just how big this wide ranging gold deposit really is, and what the repeatable recoveries look like (and that is currently under way).
 
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